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Philippines shuts door on new coal power proposals

Published 11/04/2020, 03:29 PM
Updated 11/04/2020, 03:30 PM
© Reuters.

MANILA, Nov 4 (Reuters) - The Philippines has stopped
accepting new proposals for coal-based power projects to
encourage investment in other energy sources like natural gas
and renewables, the government's energy chief said on Wednesday.
The moratorium on endorsements for greenfield coal-powered
plants comes as the government aggressively pursues natural gas
as a major source of energy, not just for power generation but
also industrial, commercial and household sectors.
Coal is set to remain the dominant power source for years to
come, however, with the coal-based projects already in the works
and proposals already submitted to the government not covered by
the moratorium, Energy Secretary Alfonso Cusi said.
A rash of approvals for coal-fired power plants in recent
years has boosted coal's dominance in the country's power mix,
accounting for 41% of capacity last year, when the country's
overall installed power capacity stood at 25,531 megawatts,
Department of Energy data showed.
Renewable energy made up 29% of the mix, while natural gas
took 13.5%. The rest was for oil-based fuel.
"We see that we have enough supply for baseload power and
we're looking at a more flexible source like gas, geothermal,
hydro and others," Cusi told a briefing.


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